right to buy islamic mortgage

Right to Buy – what you need to know. One you may have heard about, but might not be clear on is an “Islamic mortgage,” which as the name implies, is intended for someone of the Muslim faith. If you decide to buy under Right to Buy or Right to Acquire, you’re responsible for how you pay for your home. I have heard Interest rates are used to 'benchmark' the calculation of the rental? Using your Right to Buy discount as a mortgage deposit. Alburaq, for example, has a minimum advance of £500,000, so is only accessible to a small percent of high earners. Cookies … Under the Sharia law of Islam, the payment or receipt of riba (also known as interest) is prohibited, and thus a conventional mortgage that charges interest each month cannot be utilized by a practicing Muslim. For example: A mortgage of £115,559 payable over 24 years, initially on a fixed rate for 5 years at 6.99% (and then on a tracker rate for the remaining 19 years at 1.8% above the Together Homeowner Managed Rate (THMR)) would require 60 instalments of £846.05 followed by 231 monthly payments of £824.52 plus a redemption administration fee of £110.00. In order to qualify for a Sharia mortgage, you’ll typically need a deposit of at least 20% of the property. The following banks and brokerage institutions offer Islamic, or no riba', home mortgages which are compliant with Islamic law.This is not a trivial business practice - the Prophet Muhammad is said to have cursed the consumer of interest, the one who pays it to others, the witnesses to such a contract, and … Fannie Mae is also an investor in these types of loans, which they refer to as “no-interest financing,” and in lieu of a mortgage, they become an investor in the property itself. Find a deal for your budget today. However, this can be solved by having the bank purchase the property and sell it back to the mortgagor (borrower) in one of three ways. How can I be sure that these Islamic mortgages are really Shariah compliant? If you’re wondering why a mortgage would need to be crafted based on someone’s religion, take note of the following. If I receive a payment from the government under the 'key worker scheme' can I use this as a deposit and get an Islamic Mortgage. You also need to get legal advice to ensure your right to live in the property is protected. JavaScript is disabled in your browser. Or call one of our expert advisers today on: 0808 292 0724. For example, if you bought a house worth £100,000 and had been given a discount of 50%, you would need a mortgage for £50,000. If the borrower fails to pay any instalment on his loan, the mortgage company has the right to sell the house in order to get back the rest of the money that it is owed by the borrower. Islam Expert. Please consult with the specific lenders to establish whether a mortgage can be offered under a right to buy scheme. Buy Rather Than Rent . Islamic banking models probably won’t give you the most competitive price but they do allow you to be compliant to your faith. Quick, simple comparison of Right to Buy mortgage rates & deals. This is one of the most common questions we get asked on Right to Buy. Mudarabah: One partner lends to money to another so they can invest in a property, and each partner shares a responsibility in the loan. Why are Muslim Mortgages more expensive than traditional interest based mores? Our right to buy mortgage experts will work with you to ensure that you’ll be eligible for the mortgage and that it will be affordable. So I bought the house for £125k and that means I have £75k in equity in the property. To get the best experience when using our website we recommend that you enable JavaScript in your browser. Compare leading lender Right to Buy mortgages. Copyright © 2006-2021 - The Truth About Mortgage.com, Powered by the lovely Wordpress platform. Islamic mortgages are designed to achieve the same economic results while complying with Shariah. A mortgage broker with experience of this type of mortgage alternative can help you choose between the many different products available. Can someone with bad credit apply for an Islamic mortgage? Muslim borrowers are still unable to apply for right-to-buy or other home ownership schemes although the government has stated that it will be looking into these restrictions along with the issue, and seeking to establish a solution for Muslim borrowers. As to who offers such financing, I don’t know of individual lenders offhand. Regulatory. In a nut shell how does an Islamic mortgage work for different types of purchases? There are different types of Islamic mortgage products. The house is mortgaged to the mortgage company or bank that pays the money to the owner of the house. Fannie and Freddie Are Investors in Islamic Mortgages, Similar Rules Apply to Those of Jewish Faith, How to Get a Mortgage: From Start to Finish, 21 Things That Can Raise Your Mortgage Rate. The UK is a pioneer at implementing such tax law changes. What do different 'Islamic schools of thought' say? Quick, simple comparison of Right to Buy mortgage rates & deals. Probably best to seek out a lender (or mortgage broker) that specializes in Islamic mortgages in the LA area to help you navigate the process and answer any specific questions. I own property in Los Angeles I was looking to refinance the Islamic way. High street banks and building societies can differ on their lending criteria, and finding the right mortgage can save you money in the long run. It is important to remember that Islamic mortgages simply offer an alternative financing structure which gives Muslim customers different options - it's not a 0 per cent deal to buy … powered by Typeform. One of the big advantages of Right to Buy is that you don’t have to save for a deposit because you can use your Right to Buy discount instead. Using your Right to Buy discount as a mortgage deposit. :: You are here: Find a deal for your budget today. Instead, the Islamic bank will purchase the property on the customer’s behalf then lease (or rent) it back to them. How do I locate businesses that handle these type of loans to do business with. Recently, Quicken Loans had to make a change because the company is reportedly majority-owned by Jews. Most lenders will accept a Right to Buy discount as a deposit - but not all of them will. Because Islamic mortgages tend to be more straightforward than some of the exotic offerings seen in traditional Alt-A and subprime lending, the homeowner default rate is probably a lot lower. The Right to Buy scheme helps eligible council and housing association tenants in England to buy their home with a discount of up to £112,300 (£84,200 outside London). How can I be sure that these Islamic mortgages are really Shariah compliant? If I own a home, can I sell it to a person who will finance his/her purchase of the home by means of a mortgage? I want to sell my property. We’ve also summarised some of the main points below, and provided links to further help and guidance from the Money Advice Service: Does the lender want a deposit? Your broker can also assist you when it comes to remortgaging, which can be complicated with Islamic mortgages (take a look at our full guide to remortgaging for a breakdown of the conventional process). We are here to help clients who may be affected by coronavirus. Coronavirus support. It comes amid efforts by the government to turn London into a global hub for Islamic finance. Under the Sharia law of Islam, the payment or receipt of riba (also known as interest) is prohibited, and thus a conventional mortgage that charges interest each month cannot be … A new scheme has also been piloted to extend the right to buy to housing association tenants. Islamic or halal home purchase plans are popular because borrowing and lending money in exchange for interest is forbidden under Sharia law. The government scheme of right-to-buy started decades back always fulfills the need of buying their council house on affordable rates. The Bank reserves the right to change the margin on its products however a cap applies of 2%. A final option is to create an LLC whereby the finance company and the home buyer own shares in the property. What about mortgage protection insurance - what happens if I lose my job and must go on state benefits? However, I am not clear on how these loans make money or profit for the lenders. This allows smaller banks and mortgage lenders to offer the option and then sell it to Fannie or Freddie so they have funds to make new loans to future customers. Issues like CCJs or defaults will be more concerning to a lender than missed or late payments . The solutions section of the post details how they can make money, one being selling the property above market price. Islamic Mortgages .co.uk is the UK's most recommended website on islamic mortgages, which provides details of all the current Muslim, Halal, Shariah compliant mortgage / finance products available within the UK.. Therefore Al Rayan Bank cannot increase the margin on its HPP products by more than 2% over the margin that applied at the outset. An Islamic mortgage allows you to buy a house in a sharia-compliant manner over a number of years without using any interest (riba). Buy To Let Purchase Plans are Islamic buy to let mortgage alternatives which allow individuals to become landlords in a halal way. Use our Home Purchase Plan payment calculator to see how much finance the bank may contribute. There are several (but not all) who will accept the Right to Buy discount in lieu of a deposit, as it will mean there is equity already stored in the property in the difference between the purchase price and the official valuation. I heard within Islam you can not have two deals in one contract which most of these mortgages do, how is it then Islamic for the lender? What is the source of the money being lent? What Mortgage Rate Can I Get With My Credit Score? An Islamic mortgage may be an interest-free loan, but often it is a more complex transaction. A variable rate Islamic home loan with option of redraw facility so that you can choose the best way to manage your money and mortgage. Most FAQ's. It will depend on how strictly you observe the Islamic rules. As expert Right to Buy mortgage brokers for people with bad credit, we help clients to access an … Right to Buy is a government housing scheme that allows some council house tenants to buy their homes at a discounted price. Islamic mortgages tend to have less features than the mainstream mortgage market, as a result pricing can be higher due to reduced competition and availability. Tax law needs adapting to ensure that Islamic finance is not taxed more heavily than conventional finance. Home Purchase Plans (HPPs) are a Sharia law compliant alternative to mortgages and are often known as ‘Islamic Mortgages’. Sharia mortgages are often referred to as Home Purchase Plans(HPP), of … Shariah-compliant mortgages. Right to Buy has been around in one form or another since the 1970s. What help does the lender offer, if something happens to me and I can't make payments? To obtain the best Right to Buy mortgage rates possible it is recommended that you speak to a fully independent Mortgage Broker. Lenders will also look at the circumstances around your credit issues, like how much money was involved and how long ago it took place. They are complex products and there can be a big difference in what firms offer, so consider getting professional financial advice to help you decide. Is it lawful buying a home in cash (no mortgage) from an owner who originally bought the home with a mortgage, and for which there is still an outstanding amount owed to the bank? Once a significant chunk has been paid down, they might be able to buy the property outright with cash. Benefits of Islamic Financing over Conventional Financing. For an indefinite amount of time, there will be a 20% stamp duty discount for Islamic Loan Agreement documents. Low mortgage rates for a Right to Buy mortgage. Home Purchase Plans are Islamic mortgage alternatives which allow individuals to buy their home in a halal way. Estimated Profit Rate 3.67 % p.a. Should I care where the money I receive as payment for the home is coming from?   > Islamic Mortgages / Halal Mortgages  > Home Finance  > FAQs  > Questions and Answers  > Can I apply for right to buy under an Islamic Mortgage? You’ll need to apply for a mortgage the same way any home buyer would. Muslim borrowers are still unable to apply for right-to-buy or other home ownership schemes although the government has stated that it will be looking into these restrictions along with the issue, and seeking to establish a solution for Muslim borrowers. As part of the Malaysian Government's efforts to promote Islamic Financing in general. | Terms of Service. are you aware of any Islamic mortgage wholesalers? Luckily for … I am pleased and relieved to see these type of loans on the open market in the U.S. The loan contract for BBA Islamic Financing is known as a Sale and Buy-Back Agreement. The bank will either sell the property at a higher price to the borrower under an installment plan, or rent it to the tenant/homeowner, and have them pay a contribution toward the principal balance of the home each month until it is paid off in full. There is lots of free, unbiased help and advice around including our handy factsheet – Right to Buy Mortgages: Know the facts . Rather than repaying the bank as in a mortgage, the customer now pays rent to the bank who has, effectively, become their landlord. Under right-to-buy rules, tenants are currently only able to use standard mortgages to purchase their homes. Right to Buy Mortgage Advice in Harrogate. Please consult with the specific lenders to establish whether a mortgage can be offered under a right to buy scheme. Murabaha: The bank will buy the property for you and will sell it back at a profit.You pay fixed monthly repayments without paying any interest back. The Ruling on the Permissibility of Financing Properties using Islamic Ijara Mortgages (as implemented by HSBC and other banks in 2004) Many people have enquired about the permissibility under shari'ah of the so-called Islamic ijara mortgages recently announced by banks such as HSBC. They don’t serve all states though so you would have to check out their website. The second method is also known as “lease to purchase” because the homeowner “rents” the property while paying down principal and gaining home equity. Margin: The Bank reserves the right to change the margin on its products however a cap applies of 2%. He has been writing passionately about mortgages for nearly 15 years. By the end of 2005, they were offered not only by smaller banks and building societies, but also by several high street banks including HSBC, Lloyds TSB and NatWest. If you are interested in buying your council property under the Right to Buy scheme, our local mortgage advisors are here to provide expert guidance every step of the way. All houses are offered for sale only. The complete procedure is a bit longer, but with the right type of assistance, the situations can always be appropriately managed. This will help them offer you suitable mortgage deals.² Islamic Mortgage Foundations and practices of a no-riba home mortgage. Right-to-buy mortgages were introduced in the 1980's, where the right to buy scheme provided council tenants along with housing associations tenants the ability to buy their own homes at a discount. A 'Salaam-u-Allaikum. This article is designed to give you the essential info you need to get yourself an Islamic mortgage in the UK in 2021, including a list of who offers them. 10 Ways to Save Money on Your Next Mortgage, How to Reduce Closing Costs on Your Mortgage. If you’re feeling a little overwhelmed by it all, we’ve put together some excellent reason to get an Islamic loan and the keys to your new home. The first port of call in these conversations is often “what about a Shariah-compliant mortgage?”. Apply online. They may vary by state or region. You can use this comparison to find a mortgage you can use with the Right to Buy scheme. On this website you can find out if you could be eligible, what discount you might get and whether you can afford to buy – and how to take the next steps if you decide to apply. Our advisors are experts in right to buy mortgages and will provide you with tailored advice from the widest possible choice of top lenders on and off the High Street, all backed by a ‘Best in Market’ mortgage promise that simply won’t be beaten. There is lots of free, unbiased help and advice around including our handy factsheet – Right to Buy Mortgages: Know the facts. As mentioned earlier, after a year of paying $17,448.12 in mortgage payments, on this 25 year mortgage at a 5% interest rate, the homeowner would still owe the bank $244,806.88. I understand the Bank will review the Rent. Want to receive the latest real estate and mortgage news direct to your inbox? A number of lenders have now entered the Right to Buy mortgage market, providing financing for eligible tenants – whether in council housing or housing association properties – to be able to buy their homes. Right to Buy Mortgages With a Bad Credit History. Can I apply for right to buy under an Islamic Mortgage? Not all lenders offer Right to Buy mortgages and each lender’s terms, including amount of discount, and criteria are different. Under the current Right to Buy rules, you can only buy your property as a housing association tenant if it was previously owned by the council and transferred to a housing association, or built or bought by a housing association after 31 March 1997 – the latter is known as 'Right to Acquire'. This means that mainstream mortgages are not appropriate for Muslims, who have previously struggled to find ways to get a foot on the property ladder. Right-to-buy mortgage . (copy 1), What happens if I die, as the property is in the Bank's name? Searching For Islamic Mortgage Brokers Veterans United Home Loans Scott Afb Best Low Down Payment Mortgage Best Mortgage Company For Investment Property Best Rate Home Loans Reviews Best Home Loans Canberra Best Place To Refinance My Mortgage Best Mortgage Lenders Sacramento Best Home Loan Rates Au Best Home Loan Singapore 2019 Best Mortgage Lenders Canada . The maximum mortgage term for most lenders is typical to age 70 or 75. All the essential info you need to get yourself an Islamic mortgage in the UK in 2020. In a UK or US context, domestic law can be used for Islamic finance without importing Shariah into the legal system. Do Islam Mortgages get involved in refinancing of property? When you give your lender or mortgage broker your details, tell them what government scheme you're using. Overall cost for comparison. Estimated Profit Rate 3.67 % p.a. In the early 2000s, mortgage financier Freddie Mac agreed to buy these types of “mortgages,” and at this point, others probably wish they had too. Over our many years as Mortgage Advisors in Harrogate, we’ve encountered a great deal of council home renters looking to buy their home from their local council.They seek to do this utilising the Right to Buy Scheme, in which this scenario becomes possible. I have two questions concerning this: What is the source of the money being lent (is it Riba based activities)? The lack of trickery and bait-and-switch has encouraged more Muslims to consider an Islamic mortgage, as it further justifies the choice. Also, I am currently obtaining my Real Estate license in the state of California. There are still quite a few people who need to be motivated to buy rather than rent. Before creating this blog, Colin worked as an account executive for a wholesale mortgage lender in Los Angeles. Many specialist lenders now offer competitive Islamic home loans which don't charge interest, allowing you to buy a home and still be Sharia compliant. To explain, Nasim gives an example of two friends who decide to buy a $100,000 apartment to profit from t… An interesting aspect of Right to Buy is that you may not need a deposit, but this will depend entirely on individual lenders’ policies. Some Right to buy mortgage lenders let you use the discount instead of a deposit. The property is worth about £200k and as a right-to-buy tenant I got a discount of £75k. The Right to Buy scheme currently exists for council tenants to buy their properties at a big discount. Can I Lower My Mortgage Rate Without Refinancing? But our Mortgage Advice Hub team have access to the whole of the market and know the best lenders for you to approach, especially if you have poor credit. On this website you can find out if you could be eligible, what discount you might get and whether you can afford to buy – and how to take the next steps if you decide to apply. At Niche Advice we have Right to Buy mortgage options to age 85 and beyond. I have just taken out a mortgage on a right-to-buy property. What Credit Score Do I Need to Get a Mortgage? It is against Islamic law to receive or pay interest, which has traditionally been a big problem for Muslims living in the UK, as it meant that only the very wealthy were able to buy homes because they had the ability to purchase properties outright. Britain's mortgage-easing scheme Help to Buy has been extended to include Islamic mortgages. Buy to let Islamic mortgage for non UK residents. Apply online. For further information please call our Islamic Finance Officer on +44 (0) 207 487 6953 or email us at info.aubuk@ahliunited.com. With regard to the western world, Islamic Mortgages are probably most common in the United Kingdom, although they seem to be gaining steam in the United States as well. Buy To Let Purchase Plans are Islamic buy to let mortgage alternatives which allow individuals to become landlords in a halal way. “If you want the lowest rate, and don’t care about the religious part of it, then this is not the right avenue. However, once the final instalment is paid, the property then belongs to the customer. Important Principles Prayer Salat Prophets of Islam The Quran Ramadan and Eid Al Fitr Hajj and Eid Al Adha By. property) from the seller and sell it back to the buyer (you) with profit. Mortgage Q&A: “What is an Islamic mortgage?”. Some will ask that you have saved your own deposit in addition to or instead of the discount. An Islamic mortgage / halal mortgage / home purchase plan is a financial product designed to help Muslims purchase property without borrowing money. Huda. A variable rate Islamic home loan with option of redraw facility so that you can choose the best way to manage your money and mortgage. M.Ed., Loyola University–Maryland; B.S., Child Development, … The buyer will be allowed to pay for the property in instalments. Compare the latest Best Buy Islamic, Sharia, Ijara, Murabaha, Diminishing Musharaka Mortgage & Remortgage Rates, Deals, Schemes for FREE & get Quotes or Advice - Call FREE on 08000 934914 - BestBuyTables.com We live in a western society and we live in rented accommodation so as to avoid riba. (copy 1). They are based upon the Islamic finance principles of co-ownership (Diminishing Musharaka) and leasing (Ijara). Compare leading lender Right to Buy mortgages. What is an Islamic mortgage? Most lenders will accept a Right to Buy discount as a deposit - but not all of them will. The rent price is typically established by looking at comparable homes in the area where the subject property is located. Pervez Nasim, founding member and chairman of Ansar and Islamic Cooperative Housing Corporation, explains how the Islamic financing model works and how it's different from the conventional home mortgage.The model is called the diminishing partnership – or in Arabic, musharakah mutanaqisah.The diminishing partnership model is first and foremost a partnership between two or more people. To discuss Right to Buy mortgages with one of our expert advisers, call us today. There is a similar Jewish law that prohibits Jewish individuals from charging interest to other Jews. Recently we found out that there are no houses for rent, and 96% of the market is based on mortgages. These mortgages differ from traditional home loans in that they don’t involve paying interest, as that’s forbidden under Sharia law. That’s completely understandable. Get started online. Mortgage lenders will look at your credit history when you apply for a Right to Buy mortgage. The percentage of the cost that the mortgage covers is called the loan to value (LTV). There are quite a few responsibilities that come with homeownership. While Islamic mortgages are available, they are still not as accessible to many Muslims as the deposit amount can be a lot higher than what is needed for a scheme such as the first to buy scheme. Depending on your criteria it may be possible to find better ‘mainstream’ mortgage options. Could you please provide details how could this be done. Sharia-compliant or Islamic mortgages became available in Britain in 2002 at the encouragement of the Government. It is about mortgages in non-Muslim countries. Finding the best Right to Buy mortgage deal. Therefore, is this mortgage no better then an interest mortgage? Under Islamic property financing, banks are required to buy an asset (i.e. As a comprehensive panel of lenders broker in this area, we … Instead of considering the home loans the company makes as interest, they will now be known as a “co-investment” between the homeowner and the lender. Guidance Residential is one of the largest Islamic mortgage providers in the US. An Islamic mortgage is one that’s compliant with Sharia law. The Right to Buy scheme helps eligible council and housing association tenants in England to buy their home with a discount of up to £112,300 (£84,200 outside London). An Islamic mortgage may be an interest-free loan, but often it is a more complex transaction. Coronavirus (COVID-19) and your mortgage. A Right to Buy mortgage allows you to buy your council house at a discounted price if you have been a council tenant for three years or more. There are a variety of different types of home loans out there, some pretty conventional and some a little less so. RH, Stanmore Our right to buy mortgage advice service is based not only on knowing all the mainstream UK lender’s criteria but also on our ability to access bespoke mortgages for non standard and unusual situations. One of the big advantages of Right to Buy is that you don’t have to save for a deposit because you can use your Right to Buy discount instead.. L&C can also help you access Right to Buy mortgages that may not be available by going direct to lenders, so get in touch today and see what we can do for you. The Right to Buy scheme helps eligible council tenants to buy their home with a discount of up to £84,200 across England and in London Boroughs it is £112,300. Share Flipboard Email Print CEphoto, Uwe Aranas/Wikimedia Commons/Photo by CEphoto, Uwe Aranas / CC-BY-SA-3.0 Islam. Islamic mortgages. Obviously, this poses a potential problem, as home prices are typically far too expensive to allow a prospective home buyer to purchase outright with cash. Ijara: The bank buys the property and leases it to you, transferring ownership to you once the loan term ends. Islamic Mortgage A mortgage made according to the sharia, or Islamic law, which forbids the payment or receipt of interest. A Right to Buy mortgage broker can look through your finances with you and help you work out if you can afford to not only buy the property but maintain it through the years and also keep up with other bills and costs you’ll have too. Thanks, Syed. Here is everything you need to know about … This was a pretty big deal (and important fix) considering Quicken Loans and its Rocket Mortgage are now the top mortgage lender in the United States. Your home may be repossessed if you do not keep up repayments on your mortgage. Apply online. You can call us free on 0808 164 2364 or complete the form below for a call back. Sharia-law-compliant home purchase plans help you buy your home in a way not involving paying interest. Do you want to buy a home, but without violating Islamic laws against usury ()?? In a nut shell how does an Islamic mortgage work for different types of purchases? Most home buyers need a mortgage to purchase a property, Since home prices are so expensive and very few people have ample cash on hand, But the payment or receipt of interest is prohibited according to certain religious beliefs, Which requires different alternatives to finance the property, There are three ways this issue can be resolved, One being to sell the property at a higher price under an installment plan, Another being a “lease to purchase” contract, Or to create an LLC and own shares in the property, Fannie Mae and Freddie Mac invest in these loans, Allowing smaller banks and lenders to offer them to customers, Default rates are probably lower than other mortgages. In Malaysia, banks tend to prefer the reverse Murabahah or Tawarruq method for financing property. Islamic Mortgage A mortgage made according to the sharia, or Islamic law, which forbids the payment or receipt of interest. Will the lender benefit from any increase in the value? Our Islamic mortgage alternatives are called Home Purchase Plans (HPP). In the UK there are 3 types of Islamic mortgage products being offered: diminishing musharaka, aka the Home Purchase Plan Can I apply for right to buy under an Islamic Mortgage? This would leave the homeowner underwater on her mortgage because she owes the bank more than the house is worth. A Shariah-compliant mortgage? ” offer you suitable mortgage deals.² a 'Salaam-u-Allaikum and some a little less so are to... Most lenders is typical to age 70 or 75 it will depend on how these loans make money profit... Paid, the situations can always be appropriately managed happens to me and ca! In equity in the state of California the payment or receipt of.. 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Be a 20 % of the money to the customer about mortgages nearly! Mortgage lenders will accept a Right to Buy mortgages and are often known as a the. More concerning to a lender than missed or late payments the choice the house it based. To Buy an asset ( i.e could this be done alternatives which allow individuals become! Receipt of interest the solutions section of the house for £125k and that means I have taken... Or call one of the money to the owner of the post details how they make... Buy to let Islamic mortgage work for different types of purchases and mortgage news direct to faith! Go on state benefits finance Officer on +44 ( 0 ) 207 487 6953 or Email us info.aubuk... To mortgages and are often known as a mortgage you can call us today website! Been around in one form or another since the 1970s s compliant with Sharia compliant... For different types of purchases you want to Buy scheme deposit in addition to or instead of the cost the... Reduce Closing Costs on your Next mortgage, as it further justifies the choice known as ‘ mortgages... Specific lenders to establish whether a mortgage? ” get yourself an Islamic for... To live in rented accommodation so as to who offers such financing, banks are required Buy... Big discount, how to Reduce Closing Costs on your criteria it may an...

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